tax loss selling, page-20

Tax loss selling - The thread title is a joke in itself.

It was very easy to see several days ago that the sp was headed lower. ie as I stated at the time 4.7cps. Well here we are.

For those that are not aware, there is no such thing as tax loss selling for Traders, it's only for the long term mug retail investor. Traders, unlike investors (cough, I cannot regard CCC as an investment) are taxed on unrealised (ie paper) gains.

Get used to it people, 'investment' in the likes of CCC means that you are just a means for the Traders to increase their income.

Remember what they say, "if you sit down at the poker table and cannot identify the mug, it's you!!!"